Performant Healthcare, Inc..
PHLT.US | Other business support service activities n.e.c.
Performant Healthcare, Inc. is a technology-enabled recovery and revenue integrity services provider in the United States. The company focuses on identifying and recovering improper payments made by government and commercial healthcare payers. Their services include identifying and recovering overpa...Show More
Better Health for All
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Performant Healthcare's core services, which identify and recover improper payments, aim to address waste and redirect resources toward improving patient care.
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The company uncovered $1.3 billion in savings for the Medicare trust fund over the past three years.
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This financial integrity indirectly provides modest health benefits by enabling better resource allocation within the healthcare system. The company's products do not have direct safety implications for physical or mental health, nor does it offer health-related products requiring price accessibility considerations. Performant provides advanced reporting capabilities and uses AI and machine learning to optimize payment processes and reduce errors by identifying patterns and trends within large data sets.
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However, there is no evidence of specific privacy safeguards or data protection standards, only the use of technology. The company leverages advanced technology, analytics, AI-driven workflows, and proprietary data assets, with 55.4% of surveyed healthcare technology leaders prioritizing innovative solutions.
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Performant provides stakeholder training programs designed to mitigate future improper payments.
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However, a LinkedIn post only highlights the importance of psychological safety in building healthier healthcare teams, without detailing specific support initiatives.
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The company identifies and prevents improper payments, which can be considered a preventative health measure by safeguarding funds.
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However, there is no evidence of specific investment in preventative health measures. The company provides stakeholder training programs, but there is no evidence of the quality or scale of these programs.
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Fair Money & Economic Opportunity
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Performant Recovery, Inc. was penalized $700,000 by the CFPB for unlawful debt collection practices related to student loan debt.
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The CFPB issued an enforcement order banning the company from servicing or collecting student loan debt, finding its conduct unfair and abusive under the Consumer Financial Protection Act and the Fair Debt Collection Practices Act.
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These practices resulted in a 16% fee burden on borrowers' loan balances.
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The company's core business is healthcare payment integrity and recovery services for payers, not offering consumer lending or deposit products, therefore most financial product-related KPIs are not applicable.
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Fair Pay & Worker Respect
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No evidence available to assess Performant Healthcare, Inc. on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess Performant Healthcare, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No evidence available to assess Performant Healthcare, Inc. on Honest & Fair Business.
Kind to Animals
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Performant Healthcare, Inc. is a technology-enabled recovery and revenue integrity services provider, focusing on payment integrity solutions for health plans through data analytics and technology platforms.
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The company's business model involves providing audit, eligibility, recovery, and data analytics services.
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As a service-oriented company, it does not manufacture products, engage in animal testing, utilize animal-derived ingredients, operate animal agriculture facilities, or directly impact wildlife habitats.
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Therefore, all KPIs related to animal welfare, product certification, testing, sourcing, and conservation are not applicable to its operations.
No War, No Weapons
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No evidence available to assess Performant Healthcare, Inc. on No War, No Weapons.
Planet-Friendly Business
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No relevant data was found in the provided articles to assess Performant Healthcare, Inc. against the Planet-Friendly Business value.
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The articles explicitly state that no data is available for extraction or relevant to the requested metrics.
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Respect for Cultures & Communities
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The provided articles do not contain specific, concrete data points for any of the Key Performance Indicators related to 'Respect for Cultures & Communities'. Information available primarily consists of overall ESG scores and rankings, general discussions on cultural sensitivity in healthcare, or internal operational metrics. There is no evidence regarding formal partnerships with community groups, revenue reinvested locally, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, FPIC participation, community governance inclusion, cultural preservation investment, local procurement, indigenous suppliers, cultural site protection, social license, charitable giving to cultural organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion for Performant Healthcare, Inc.
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Safe & Smart Tech
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No evidence available to assess Performant Healthcare, Inc. on Safe & Smart Tech.
Zero Waste & Sustainable Products
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No specific, concrete data points related to waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education were found in the provided articles for Performant Healthcare, Inc.
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